Good Penny Stocks – Something New

I know I’ve mentioned this before, but I wanted to update my earlier post about penny stocks. Even though the market has been in a downdraft the past couple of days, the picks I am getting from PennyStockProphet have been doing quite well. This is an excellent way to find some good penny stocks.

I know this is a bit more aggressive than the systems we usually post on this site and that I normally talk about in the blog, but with the 60-day guarantee, you can try PennyStockProphet and do paper trading for a few weeks before getting your feet wet and making some money making trades. Worth a try, at least in my opinion. Click here to check out PennyStockProphet.

ETF Trading the Easy Way

Bottom line: a system I really like is the ETF Trading Signals system – holds ETFs for an average of more than two months and trounces buy and hold. Easy to trade, easy to stick with. Highly Recommended! Sometimes I get asked what style of trading I do. I am mostly interested in ETF trading systems that rotate between the exchange traded funds that are most likely to perform well in the near future. But, I don’t like to trade every day or even every week. That is why, the type of systems I use most are ones like the ETF Timing System 2 which trades relatively infrequently, yet has outstanding returns.

Trading only 8-15 times a year, and only having to check the system for a new trade every week, means that I can trade this system and only take maybe 5 minutes on average a week to do it. I use Foliofn as my principal broker. With Foliofn, one annual fee pays for all the trades I need to do. Also, I usually trade the system using the Monday morning window trade. The ETF trading system 2 calculates its returns as if the trading is done at the close on Monday, but I have found that with a system that trades so infrequently, trading either at the Monday AM window or the Tuesday AM window gives about equivalent results. Another ETF trading system that I find intriguing and very profitable (I am a member) offers signals with an average holding time of over two months – exactly the kind of system that I find I can stick with. Click here for the ETF Trading System (highly recommended).

Penny Stocks – Something Different and More Aggressive

While I normally go in for longer term trading (my favorite signals trade only weekly and monthly), I also like to use some of my trading account to trade more aggressively. I’ve recently discovered (and already profited from) a penny stock trading system that allows me to dabble with a more aggressive trading style.

I know it’s not for everyone, but with a 60 day guarantee, I certainly recommend giving PennyStockProphet a try.